Skip to content

Billions Unaccounted for at 25 US Government Agencies

Billions Unaccounted for at 25 US Government Agencies
Published:

By Martin Armstrong

Twenty-five agencies in total failed to properly report their expenditures to USAspending, which is intended to act as American’s guide to where their tax dollars are going. The GAO is now urging Congress to hold these agencies accountable.

To the surprise of no one, COVID related spending reports contained the largest errors. In fact, the Treasury stated $231.5 billion was budgeted for the pandemic in their annual report, but only $36 billion was reported to USAspending. Health and Human Services (HHS) stated they were spending $85.7 billion on the pandemic response, but reported spending $91.7 billion to USAspending. Homeland Security (DHS) had a $10 million discrepancy in reporting as well. Numerous entries totaling $1.2 trillion did not contain sources and did not state where the money was spent.

The Daily News from the Art of Liberty Foundation is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

Government’s spending problem is far worse than anyone could imagine. Considering that no one wants to purchase US debt, the problem is becoming a crisis. The fact of the matter is that the people are not supported by their representatives who allow government agencies to rob citizens. This account only notes the agencies required to report their spending as almost a third (49 of 152) did not bother reporting at all. The checks and balances on government are simply gone but this will completely backfire as their reckless spending will soon catch up with them.

View Source


Campamento Tortuguero Playa Hermosa is a turtle sanctuary on Bonfil  Beach outside of Acapulco that rescues sea turtle eggs that would be likely destroyed by vehicles on the beaches or pilfered by tourists.   The sanctuary protects the eggs, hatches them and releases the babies into the ocean while protecting them from seagulls and other winged predators.  
The 35-year-old sanctuary is run by the mother/daughter duo of Monica and Michel Vallarino, who have helped educate the community and the tourists on the ecology of the turtles while simultaneously providing a refuge for puppies, kittens, ducks,  rabbits, and other wayward animals.
The Art of Liberty  Foundation hosted an annual fundraiser from 2018-2020 called the Art of  Liberty on the Beach (aKa The Turtle Party), where many of the leading artists in the liberty movement have rocked the sanctuary including Grant "Prezence" Ellman, Truniversal/Free Willow, Alais Clay, the  Freenauts, DJ Koala, DJ Ramiro Romani and ELA-mental among others.  
The sanctuary was devasted by Hurricane Otis, a category five hurricane that hit Acapulco and Bonfil Beach on November 2nd 2023. 

25% of Funds Raised Will Benefit Other Residents of Bonfil Beach

The Art of Liberty Foundation is organizing a fundraiser where 100% of the proceeds will go to direct relief.  The Vallarinos have agreed to share 25% of the proceeds with other Bonfil Beach residents in need to be distributed at their discretion. 

Help The Turtle Sanctuary

The Daily News from the Art of Liberty Foundation is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.

More in Inflation & Central Banking

See all

More from Etienne de la Boetie2

See all